Franconia Apartments, located at 930 Downing St in Denver, has studio and one bedroom apartments. Franconia Apartments participates in the Section 8 Project-Based Rental Assistance program.
|Studio (Studio/1)||-||Income Based|
|One Bedroom (1/1)||-||Income Based|
At Franconia Apartments, 54 units are designated for households age 62 and older or that have a disability. These one-bedroom and studio apartments are subsidized, meaning rents are calculated based on 30 percent of annual household income. Electricity and water are included in the rent.
Wheelchair accessible units are available as well as onsite resident services, an elevator to all floors, laundry facilities, and a community room for residents.
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Section 8 Project-Based Rental Assistance tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Denver but actual income limits may differ for units at Franconia Apartments.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
These general income qualifications for Denver, Colorado should only be used as a basic guide. To find out if you qualify, contact the community directly.
You can usually make up to 80% of the Area Median Income (AMI) to be eligible for a HUD-Assisted Housing unit, but income qualification tiers for this community may be different due to various policies.
Franconia Apartments receives rental subsidies through HUD-Assisted Housing for some or all of its apartments. Some units may be designated as market rate housing. Market rate units would have no subsidies or income restrictions.
Franconia Apartments is managed by Mercy Housing.